The franchise fee is $39,900. The total estimated investment ranges from $196,000 to $446,000, depending on size and location of stores. A 5% fee on net sales is paid monthly to the company, plus a 1% marketing fee.
Can you own a Foot Locker franchise?
Entrepreneurs who wish to start a profitable business and increase their revenue may consider a Foot Locker franchise. However, the company doesn't provide franchise opportunities. You may apply for a job and work your way up to management.2018-12-15
Is Foot Locker profitable?
Foot Locker announced third quarter (Q3) results ending October 30 showing a rise in total sales by 3.9% and a net profit of $158 million compared to last year at $265 million.2021-11-19
What company owns Foot Locker?
the Venator Group
How much does a footlocker franchise cost?
The franchise fee is $39,900. The total estimated investment ranges from $196,000 to $446,000, depending on size and location of stores. A 5% fee on net sales is paid monthly to the company, plus a 1% marketing fee.
How does Foot Locker make money?
Foot Locker generates revenue through the sale of athletic footwear products, as well as apparel and accessories, through its network of physical retail stores and ecommerce platforms. The Company's footwear products account for 85% of its annual sales, with sales of apparel and accessories making up the remaining 15%.